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McClaughry: The benefits of 'Grotesque Inequality'

Tue, 03/28/2017 - 5:06am -- tim

by John McClaughry In a recent talk before students at St Johnsbury Academy, Senator Bernie Sanders declared that although we are living in the wealthiest country in the history of the world, “the nation’s wealth is in the hands of a privileged few”, producing what he called an “unfair and grotesque level of income inequality.” This is a familiar theme for Sanders, who has attacked the unworthy rich in every campaign he has run since 1972.

Brattleboro Retreat’s employee wellness program recognized by the state

Tue, 03/28/2017 - 5:04am -- tim

Vermont Business Magazine The Brattleboro Retreat received a Governor’s Excellence in Worksite Wellness award at the 2017 Worksite Wellness conference held on Thursday, March 23, at the Sheraton Hotel & Conference Center in Burlington.

The award was presented to several Vermont employers who in the past year have demonstrated excellence in worksite wellness and have played an integral part in Vermont's reputation as one of the healthiest states in the nation.

Southwestern Vermont Medical Center launches total joint replacement class

Tue, 03/28/2017 - 4:35am -- tim

Vermont Business Magazine Southwestern Vermont Medical Center (SVMC) has developed a new learning opportunity—The Total Joint Replacement Class—to inform those suffering from painful joints. This free class is appropriate for both patients who are scheduled for a joint replacement surgery and for those who have received an orthopedic surgeon’s recommendation for a joint replacement.

Mt Ascutney Hospital recognized as Patient-centered Medical Home

Tue, 03/28/2017 - 3:17am -- tim

Vermont Business Magazine The National Committee for Quality Assurance (NCQA), a private, non-profit organization dedicated to improving health care quality, has awarded Mt. Ascutney Hospital and Health Center (MAHHC) Level 3 Recognition – the highest level attainable – as a Patient Centered Medical Home (PCMH). This is third consecutive time the hospital has earned NCQA recognition.

Moody’s upgrades Burlington International Airport outlook to 'positive'

Mon, 03/27/2017 - 4:32pm -- tim

Vermont Business Magazine On Friday, March 17, Moody’s Investors Service revised the Burlington International Airport outlook to positive and affirmed the Airport’s Baa3 credit rating (see the complete ratings table below). In its Credit Report, Moody’s stated that, “The positive outlook reflects ongoing improvement in the airport’s liquidity and debt service coverage ratios (DSCRs), in addition to a strengthened cost recovery framework following the recent adoption of a five-year residual airline agreement.”

Patricia Moulton appointed President of Vermont Technical College, first woman

Mon, 03/27/2017 - 4:31pm -- tim

Vermont Business Magazine Vermont Tech has its first female president in the 150-year history of the college. This weekend during its quarterly meeting, the Vermont State Colleges System Board of Trustees appointed Patricia Moulton as president of Vermont Technical College after a months-long national search. Moulton, who has served as the Vermont Tech interim president since September of 2016, was chosen to lead the school as its president beginning immediately.

FairPoint appoints Michael Reed Vermont president

Mon, 03/27/2017 - 3:44pm -- tim

Vermont Business Magazine FairPoint Communications announced today the appointment of Michael C Reed to the position of State President of Vermont. This position acts as the chief spokesperson for FairPoint in Vermont and liaison to government officials and state-based customers. Reed will also continue to serve as FairPoint State President of Maine. Reed replaces Beth Fastiggi, who was named Commissioner of the Department of Human Resources just today. Fastiggi departs after nearly 30 years with FairPoint and predecessor companies to join Vermont state government.

Beth Fastiggi named Human Resources Commissioner

Mon, 03/27/2017 - 12:57pm -- tim

Vermont Business Magazine Governor Phil Scott and Secretary of Administration Susanne Young today announced the appointment of Beth Fastiggi as Commissioner of the Department of Human Resources (DHR). Fastiggi, a native Vermonter and graduate of the University of Vermont, has served as Vermont State President of FairPoint Communications, formerly Verizon, for nearly 30 years. In various roles with the company, Fastiggi oversaw operations, business strategy, internal and external communications, budgeting and additional managerial responsibilities.

Vail to add Stowe to Epic Pass for 2017-2018

Mon, 03/27/2017 - 10:29am -- tim

Vermont Business Magazine Vail Resorts announced today that the Epic Pass plans to offer unlimited, unrestricted access to Stowe Mountain Resort for the 2017-2018 winter season, subject to the closing of the acquisition. Vail and Stowe announced in February that Vail would buy Stowe's ski operations for $50 million. Current owner AIG will retain the Spruce Peak real estate, lodging and related facilities.

Middlebury President Laurie Patton updates alumni on protest aftermath

Mon, 03/27/2017 - 8:12am -- tim

Vermont Business Magazine Middlebury President Laurie Patton emailed college alumni on March 21 to update them on steps the campus community is taking in the aftermath of the much-publicized March 2 protests against speaker Charles Murray. She once again condemned the violence, said both college and police investigations are ongoing and that "21st century education must embrace an uncompromising commitment both to free speech and to open dialogue."